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Gold – drifts lower pressured by higher yields

Could the US CPI be a game-changer? The second half of the summer hasn’t been kind to gold so far, with the yellow metal coming close to $2,000 once...

August 9, 2023, 4:08 pm

Why hyzon motors stock was plunging on tuesday

The fuel cell electric vehicle (FCEV) maker is still at a pre-revenue stage. Regardless, its second-quarter net loss was notably deeper than expected....

August 8, 2023, 3:48 pm

China’s exports down -14.5% yoy in jul, shipments to asean down -21.4% yoy

July saw a sharper-than-expected contraction in China’s exports, with decline of -14.5% yoy to USD 281.76B. This marked the steepest drop since Febr...

August 8, 2023, 5:34 am

Nkla stock alert: a nikola short squeeze seems unlikely

After surging early last week, Nikola (NASDAQ: NKLA ) stock is back to its typical pattern of plunging ...

August 7, 2023, 2:01 pm

Biotech stock hits 2-year low as vaccine sales decline

BioNTech SE (NASDAQ:BNTX) is sinking to two-year lows today, after plunging Covid vaccine sales weighed...

August 7, 2023, 11:05 am

Bbig stock alert: vinco ventures faces delisting

Vinco Ventures (OTCMKTS: BBIG ) stock is plunging lower following a Business Insider  report that stat...

August 4, 2023, 3:07 pm

Why shares of mesoblast are plunging friday

Mesoblast focuses on therapies to treat autoimmune disorders. The company's resubmission of Ryoncil was given a Complete Response Letter by the FDA....

August 4, 2023, 2:46 pm

Iep stock alert: icahn enterprises plunges on dividend cut

Icahn Enterprises (NASDAQ: IEP ) stock is plunging lower by more than 20% today after the diversified c...

August 4, 2023, 1:04 pm

Here's why redfin is plunging today

Redfin reported second-quarter earnings that beat expectations on the top and bottom lines. Declining market share and a longer timetable to profitabi...

August 4, 2023, 12:34 pm

Why icahn enterprises stock is plunging today

Icahn Enterprises was the subject of a short report earlier this year, and the report seems to be affecting operations. Carl Icahn has already restruc...

August 4, 2023, 10:53 am

Shipping giant maersk beats expectations despite 72% profit plunge on falling container rates

Danish shipping giant Maersk on Friday reported a sharp fall in second-quarter earnings on the back of plungin...

August 4, 2023, 2:58 am

Why put traders are piling on qualcomm stock

Semiconductor concern Qualcomm, Inc.  (NASDAQ:QCOM ) is plunging today, last seen down 10.6% to trad...

August 3, 2023, 11:07 am

Solaredge technology issues cloudy forecast

SolarEdge Technologies Inc (NASDAQ:SEDG) stock is plunging today, despite better-than-expected second-q...

August 2, 2023, 10:35 am

Shell launches us$3bn share buyback despite earnings plunge

Shell PLC (LSE:SHEL, NYSE:SHEL) is launching US$5.5bn of new share buybacks and increased its quarterly dividend 15% to US$0.33 even after earnings tu...

July 27, 2023, 2:41 am

Barclays reports first half profit hits expectations, bad loans rise

Barclays reported a profit for the first half of the year that met expectations on Thursday, as its booming consumer and credit card business continue...

July 27, 2023, 2:30 am

Why snap stock was plunging today

Snap beat headline estimates, but the overall report was disappointing. The company is still struggling to monetize its user base, and share-based com...

July 26, 2023, 1:35 pm

Gbp/usd slides to 10-day low amidst us dollar’s weekend surge

GBP/USD faced headwinds, plunging close to 1.2800 in early American trading before modestly recovering....

July 21, 2023, 5:29 pm

Why shares of discover financial services are plunging today

The company said that it has been overcharging merchants on certain fees since 2007. Management also said it has received a proposed consent order fro...

July 20, 2023, 11:39 am

Why shares of vir biotechnology are plunging thursday

Vir Biotechnology has seen declining revenue because sales of its one marketed product, Sotrovimab, are declining. A phase 2 trial for an influenza A ...

July 20, 2023, 11:31 am

Fednow launches today. what to know about the fed's real-time payment service.

The Federal Reserve officially launched its FedNow service Thursday, plunging into the world of real-ti...

July 20, 2023, 10:12 am


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